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. as the president subsequently yesterday, the debt ceiling essentially must not be used as a weapon. it essentially takes on an is the basic full faith and credit of the united states of america. the president has made so clear what would be at stake if that were to happen. i just believe that it is so critical that that not occurred. you know, i have been through these battles for many decades. i don't remember anyone essentially saying we should go over the cliff. the consequences would be, i think, shamanic and potentially cataclysmic. for the republicans that say let's do it, i think i would be a mistake with foreseeable consequences. the federal reserve has said the responsible physician is we should not forget. >> the president says he's not going to talk about the debt ceiling, speaker boehner said it can be done unless we cut spending at the same time. what are the odds of avoiding going over the fiscal cliff given where both parties are. >> they are going with the american economy and the global economy. closer you get to the fiscal cliff, i think the less likely it is that the u.s. will b
between now and the time we deal with the debt ceiling, that we may very well be able to meet the goal which we set out to do, which is to have roughly a $4 trillion cut over ten years, and in the long-term deficit and put us on that path. but i didn't come here to talk about any of those important subjects today because, as important as they all are, today we have a more urgent and immediate call, and that is how to deal with the epidemic of gun violence in america. you all know the statistics very well so i'm not going to repeat them. on that score, i might add, oui an incredible debt of gratitude to many of you at the head table as well as those of you in the room. i know we don't have absolutely unanimity in this ballroom, nor do we in anyway ballroom, but we all know, everyone acknowledges, we have to do something. we have to act. i hope we're all agreed that there's a need to respond to the carnage on our streets and in our schools. i hope we all agree that mass shootings like the ones we witnessed in newton 34 days ago, cannot continue to be tolerated. that tragedy in all my yea
in the nation today. it's the only path forward. >> president obama nor congress and the debt ceiling? >> i would hope that it wouldn't come to that. but if it has to, then it must. you know, we can't let extremist put us into default and play chicken with the full faith and credit of the united states of america. that's what they are. people talk about this, and i have been watching the last two days -- when i hear that people say let's just go into the fall, i say this person is from another planet. this person is not from this planet are you the notion that we would do that boggles the mind and good common sense of the vast majority of americans. >> what is your perspective on america's melting pot being better reflected in small towns were rural america? what would civic leaders learn from that experience of small-town mayors. >> well, i think we are enriched. i know that i am. my kids have grown up and i tell people, you know, my kids have been in the homes of persians and iranians and armenians and koreans and filipinos and mexicans and italians and greeks and jews and muslims and we
Search Results 0 to 2 of about 3